Mon, 15 July 2024
Eric Paley is a General Partner at Founder Collective, one of the great seed-stage venture capital brands - and one of the relatively few venture firms led by startup founders. As the name suggests, Founder Collective is a "founder stage" venture capital fund that focuses on providing the first professional round of capital to “entrepreneurs with compelling business concepts”. Eric himself also founded several companies before becoming a VC. Founder Collective's investments include: Coupang, Cruise, Kaggle, Pill Pak, The Trade Desk, Uber and Venmo. In this episode we discuss the importance of Founder-led VC firms, and the evolution of seed VC firms - which barely existed when he started, and now number in the hundreds.We also discuss: · * Why the unique name "Collective" · * Fuzzy VC math · * VC 'revisionist history" · * What's next for Founder Collective Please subscribe to Something Ventured!
Direct download: Eric_Paley_edited__To_Upload_-_71524_1.07_PM.m4a
Category:general -- posted at: 5:57pm EDT |